4 replies on this article “Asset replacement fund”

Dear Ajinkya, the idea is simple. As it’s simple, our brains are tuned in the way that we may start for this idea but very soon we ‘ll lose interest in this idea & ‘ll switch over to a new idea. Please do feel the undercurrent of what dear Subra wants to convey. The couple in question kept investing, kept increasing their mly investment figure & no matter what the Mr. Market was doing in 2004-2007, 2008, 2009, they just kept investing. Of course redeemed also as per their choice to purchase in between.

To understand the idea of envelope, please read the book of dear Manish.

Thats a very nice idea .. But this needs too much of discipline and dedication , not that easy truely speaking ! .

The whole idea is to have a seperate fund which is for a short term goal like buying furniture , expenses of your house , children fees and you need to take money out of only that particular fund . This is very much same like the envelope system !